Quarterly ResultMay 1, 2026, 01:26 PM
Church & Dwight Q1 Net Sales $1.47B; Diluted EPS $0.91
AI Summary
Church & Dwight reported Q1 2026 net sales of $1,469.3 million, a marginal increase from Q1 2025, while diluted EPS rose to $0.91. Net income slightly decreased to $216.3 million. The company's portfolio was reshaped by the July 2025 acquisition of Touchland and the 2025 divestitures of the VMS, Spinbrush, Flawless, and Waterpik showerheads businesses, which impacted prior period results and ongoing operations. Concerns were noted regarding the Waterpik trade name's declining fair value.
Key Highlights
- Q1 2026 Net Sales were $1,469.3M, a slight increase from $1,467.1M in Q1 2025.
- Q1 2026 Diluted EPS increased to $0.91, up from $0.89 in Q1 2025.
- Q1 2026 Net Income was $216.3M, a decrease from $220.1M in Q1 2025.
- Touchland acquisition completed in July 2025 for $656.0M cash, with an additional $158.7M paid in April 2026.
- VMS business divested in December 2025 for $160.3M cash, resulting in a $58.5M pre-tax charge.
- Exited Spinbrush, Flawless, and Waterpik showerheads businesses in 2025, incurring total pre-tax losses of $45.3M.
- $228.9M remains available under the 2021 Share Repurchase Program as of March 31, 2026.
- Waterpik trade name's fair value declined to 117% of carrying value, down from 135% in 2024.